2023-07-142023-07-142001-09-25https://hdl.handle.net/20.500.14300/476The Minority Staff of the Permanent Subcommittee on Investigations of the Senate Committee on Governmental Affairs conducted an investigation into the practice of "flipping" homes shortly after buying them, often without improving them, to create the illusion of a robust real estate market. The Subcommittee interviewed over 100 witnesses as well as government officials, real estate brokers, lenders, and attorneys involved in these cases. The report found that the problem of home flipping is national one and that flipping threatens first-time home buyers and affects the overall stability of housing cost in a neighborhood.62 pagesenStaff ReportsProperty "Flipping": HUD's Failure to Curb Mortgage FraudSenate Minority Staff Report14: Community Development and Housing Issues1410: Secondary Mortgage Market and Government Sponsored Housing Entities107Yes